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Press Releases

May 7, 2014

SanDisk and Arrow Expand Distribution Agreement to Include New Regions and a Wider Portfolio of SanDisk Solutions for the Mobile and Industrial Sectors

Expanded Partnership Addresses Rising Demand for Flash Around the World

MILPITAS, Calif. and ENGLEWOOD, Colo., May 7, 2014 –SanDisk Corporation (NASDAQ: SNDK), a global leader in flash storage solutions, and Arrow Electronics, Inc. (NYSE: ARW), a leading global technology distributor, announced that the two companies have signed an expanded distribution agreement, under which Arrow will offer a wide variety of SanDisk commercial flash storage solutions to its more than 100,000 customers worldwide. Building upon select regional agreements between the two long-standing partners, this new global partnership enables SanDisk to leverage Arrow’s worldwide distribution model and engineering resources, making it even easier for system architects and design engineers to transform their systems with SanDisk flash technology.

“Flash storage has become one of the most highly disruptive technologies in the commercial market today,” said Henri Richard, senior vice president, Worldwide Commercial Sales and Support, at SanDisk. “Arrow’s strong distribution network and customer-centric services complement SanDisk’s commitment to delivering trusted, next-generation flash storage solutions to the mobile and industrial sectors worldwide.”

The combination of SanDisk’s flash storage solutions and Arrow’s deep service offerings simplifies the process for industrial customers to implement and benefit from SanDisk’s trusted flash storage in every region around world. With this agreement, Arrow becomes part of the rapidly growing SanDisk Commercial Business Channel, which provides client and enterprise-grade solid-state drives and embedded flash computing products through channel partners worldwide.

“From transportation, to the field of medicine, to exciting new applications in mobile, customers in the commercial market are recognizing the significant performance, reliability and cost-saving benefits of flash storage,” said David West, vice president of semiconductor marketing and engineering for Arrow Electronics. “Our partnership with SanDisk enables Arrow to enhance its line card with highly sought-after commercial flash solutions from one of the most trusted technology brands in the world.”

About Arrow Electronics

Arrow Electronics (www.arrow.com) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Arrow serves as a supply channel partner for more than 100,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of more than 460 locations in 58 countries.

About SanDisk

SanDisk Corporation (NASDAQ: SNDK), a Fortune 500 and S&P 500 company, is a global leader in flash storage solutions. For more than 25 years, SanDisk has expanded the possibilities of storage, providing trusted and innovative products that have transformed the electronics industry. Today, SanDisk’s quality, state-of-the-art solutions are at the heart of many of the world's largest data centers, and embedded in advanced smart phones, tablets and PCs. SanDisk’s consumer products are available at hundreds of thousands of retail stores worldwide. For more information, visit www.sandisk.com.

This news release contains certain forward-looking statements, including expectations for markets and customers that are based on our current expectations and involve numerous risks and uncertainties that may cause these forward-looking statements to be inaccurate. Risks that may cause these forward-looking statements to be inaccurate include among others: the market demand for our products may grow more slowly than our expectations or our products may not be available in the capacities that we expect or perform as expected, or the other risks detailed from time-to-time in our Securities and Exchange Commission filings and reports, including, but not limited to, our most recent quarterly report on Form 10-Q and our annual report on Form 10-K. We do not intend to update the information contained in this news release.